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BioWorld - Wednesday, July 29, 2026
Home » Topics » Asia-Pacific » Australia

Australia
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Medical cannabis in blister pack of capsules

Zelira’s stock triples as cannabinoid outperforms Lyrica in pain

May 31, 2023
By Tamra Sami
Medicinal cannabis company Zelira Therapeutics Ltd.’s stock shot up 224% on May 31 on the heels of news that its cannabinoid product, ZLT-L-007, outperformed Lyrica (pregabalin, Pfizer Inc) in a head-to-head trial in diabetic nerve pain.
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Injection syringes

Demand for obesity drugs a golden opportunity for counterfeits

May 30, 2023
By Mari Serebrov
Mixing a trendy drug for a global health problem like obesity with a demand that far exceeds the supply cooks up a recipe too good for counterfeiters to ignore.
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Demand for obesity drugs a golden opportunity for counterfeits

May 26, 2023
By Mari Serebrov
Mixing a trendy drug for a global health problem like obesity with a demand that far exceeds the supply cooks up a recipe too good for counterfeiters to ignore. That’s the problem patients are facing with Novo Nordisk A/S’ semaglutide products, Ozempic and Wegovy, which have been in short supply all over the world since early last year due to significant, and unexpected, demand for weight management.
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Kinoxis-BI deal

Kinoxis and Boehringer to develop oxytocin-targeting treatments for social dysfunction in $181M deal

May 9, 2023
By Tamra Sami
University of Sydney spinout Kinoxis Therapeutics Pty announced a partnership and licensing agreement with Boehringer Ingelheim GmbH to develop first-in-class oxytocin-targeting precision psychiatry treatments to improve the quality of life of people living with neuropsychiatric disorders.
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Kinoxis-BI deal

Kinoxis and Boehringer to develop oxytocin-targeting treatments for social dysfunction in $181M deal

May 5, 2023
By Tamra Sami
University of Sydney spinout Kinoxis Therapeutics Pty announced a partnership and licensing agreement with Boehringer Ingelheim GmbH to develop first-in-class oxytocin-targeting precision psychiatry treatments to improve the quality of life of people living with neuropsychiatric disorders. Under the terms of the agreement, Kinoxis will receive an up-front payment and research support payments and is eligible for research, preclinical, clinical, regulatory and commercial milestones of up to AU$266 million (US$181 million), in addition to sales-based royalties.
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Map of Australia with pills, vials and syringe

Australia begins first overhaul of its health technology assessment process in 30 years

April 25, 2023
By Tamra Sami
Australia’s Department of Health is seeking input from the public on the country’s health technology assessment process that informs decisions about what drugs or devices should be reimbursed and under what circumstances a therapy should be subsidized and at what cost to the taxpayer.
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Map of Australia with pills, vials and syringe

Australia begins first overhaul of its health technology assessment process in 30 years

April 19, 2023
By Tamra Sami
Australia’s Department of Health is seeking input from the public on the country’s health technology assessment process that informs decisions about what drugs or devices should be reimbursed and under what circumstances a therapy should be subsidized and at what cost to the taxpayer.
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Specialised Therapeutics obtains rights to market PD-1 inhibitor from CTTQ-Akeso in $73M deal

April 18, 2023
By Doris Yu
Specialised Therapeutics Asia Pte Ltd. has inked a $73 million deal with CTTQ-Akeso Biomed Tech. Co. Ltd. to buy the rights to commercialize the latter’s anti-PD-1 antibody in Australia and Southeast Asia.
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Tessara - Realbrain micro-tissue
Newco news:

Tessara’s Realbrain platform creates 3D mini brains that mimic brain physiology

April 13, 2023
By Tamra Sami
Tessara Therapeutics Pty Ltd. is developing a technology platform that builds three-dimensional models of the human brain to treat neurological diseases such as Parkinson’s disease.
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Specialised Therapeutics obtains rights to market PD-1 inhibitor from CTTQ-Akeso in $73M deal

April 13, 2023
By Doris Yu
Specialised Therapeutics Asia Pte Ltd. has inked a $73 million deal with CTTQ-Akeso Biomed Tech. Co. Ltd. to buy the rights to commercialize the latter’s anti-PD-1 antibody in Australia and Southeast Asia.
Read More
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